OllieChristopher
Well-Known Member
- First Name
- Chris
- Joined
- Aug 19, 2021
- Threads
- 7
- Messages
- 721
- Reaction score
- 902
- Location
- Southern CA
- Vehicle(s)
- 2005 GMC 2WD Sierra, 4.3, NV3500, 3:73/TruTrac
I like not having debt. But no way I can get on board with Dave Ramsey's way of thinking. He wants you to get out of debt, save money and live like a homeless person until you die. I listened to his podcasts for a few months while working the night shift. Debt free is good. Living like a pauper instead of enjoying your life is not.We got on board with Dave Ramsey's debt snowball plan
I'm not rich, I have no debt, good health insurance, and over 6 months living expenses along with a small monthly passive income that keeps a roof over my head and food on the table.
I pay cash for everything. No credit cards (debit card only). There is an argument to have credit cards, pay off monthly to get your credit score up. I don't need a credit score because I don't finance anything.
The only time I ran into an issue with not having credit cards was when renting a vehicle. In the end they have to let you use your debit card. The only disadvantage is you sometimes have to come up with a large cash deposit to secure the rental.
And I will never ever try to "keep up with the Jonese's". No matter how "rich financially" you think you are there is always someone who has more than you.
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